Lapses in tax administration, Karnataka faces revenue losses of Rs 1,260 crore: CAG
The Comptroller and Auditor General (CAG) report on Karnataka’s revenues for the period ended March 2023 revealed lapses in tax […]
GST exemption on insurance may not cut premiums without input tax credit, say experts
The GST group of ministers (GoM) has proposed exempting health and life insurance premiums from the levy to make insurance
Air India, AI Express post ₹9,568 crore loss before tax in FY25
Air India and Air India Express together posted a loss before tax of ₹9,568.4 crore in the financial year ended
GST Revision To Cost Rs 1.43 Lakh Crore Current Affairs
The GST revision can cost Rs 1.43 lakh crore to the exchequer, while US tariffs at 25 per cent will
Stage set for rate rationalisation under GST, but states flag compensation worries
The Group of Ministers (GoM) on rate rationalisation in its meeting on Thursday decided to take forward the Centre’s proposal
Lok Sabha Adjourned ‘Sine Die’; Speaker Decries Disruptions, Urges Dignified Debate as Fifth Session Ends with Productivity Loss Despite Key Discussions and 12 Bills Passed
The fifth session of the 18th Lok Sabha which commenced on 21 July, 2025 concluded today. In his Valedictory Address
Kanpur Development Authority Granted Tax Exemption Status by Central Government
The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has issued a Notification No. 137/2025 dated August
CBDT Issues Income-tax (Twenty-Fourth Amendment) Rules, 2025 – Key Changes Include Omission of Sub-rule (4) in Rule 21AIA and Explanation on “Specified Fund” Definition
The Central Board of Direct Taxes (CBDT) under the Ministry of Finance has issued Notification No. 136/2025 dated August 21,
Major Relief For Taxpayers: CBDT Hikes Income Threshold For Tax-Free Perquisites In Salary
The Central Board of Direct Taxes (CBDT) has notified a significant change to the Income Tax Rules, 1962, effectively widening
FHRAI seeks GST rationalisation to boost India’s tourism competitiveness
The Federation of Hotel & Restaurant Associations of India (FHRAI) on Thursday urged the government to rationalise Goods and Services
